News
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Gold hits new record-high, USD struggles to find direction
While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday. The US economic calendar will feature the weekly Initial Jobless Claims report and the European Commission will publish the preliminary Consumer C
Fxstreet
Thu, Feb 20
BUZZ-COMMENT-The most successful FX bet has more promise
Feb 20(Reuters) - Traders have successfully wagered a lot of money that USD/CAD rises, and following a minor correction of a big rise there is potential for their profits to grow.The $10 billion wager on the pair rising is the largest bet in FX markets, and it has been reduced by more than $4 billio...Reuters
Thu, Feb 20
USD/CHF weakens to 0.9025 area amid rising trade tensions, modest USD weakness
The USD/CHF pair meets with some supply during the Asian session on Thursday and for now, seems to have snapped a three-day winning streak to the weekly top, around the 0.9055 area touched the previous day.
Fxstreet
Thu, Feb 20
Australian Dollar depreciates following employment data, China’s policy decision
The Australian Dollar depreciates due to the latest Trump tariffs and cautious FOMC Minutes. Australia’s Unemployment Rate increased to 4.1% in January from 4.0% in December, as expected. President Trump has confirmed plans to impose a 25% tariff on imports of automobiles, semiconductors, and pharma
Fxstreet
Thu, Feb 20
Yen rises, dollar steady as traders assess tariff risk, policy outlook
The yen firmed and the U.S. dollar held steady on Thursday as investors pondered what U.S. President Donald Trump's latest tariff agenda would mean for the global economy and how it could affect the interest rate outlook for major central banks.Australia dollar gets limited lift from strong jobs data, kiwi calm
The Australian dollar got limited lift on Thursday from a still-strong jobs report that failed to move the dial on the already limited chance of more policy easing soon, while the kiwi dollar weathered another outsized rate cut extremely well.Reuters
Thu, Feb 20
